The Sun. — London, England, 1818-02-07 00:00:00

y flb4fa CtIV Toni s N guaraw c..ol4l, OW at) HA N!urecco, tiktr fro° icAtitni Is, its a ' . voi c'stilYo B l Y f'ecieo"his 'e Ir:ord tlie to have iG r ti-oubiebi ittlivr, Ott licient to lntrianl % Inist-aucri not tata nor the re SS /tit is) the , h e sill? on tle e , pairs o 1 at,- fp. 0 it'd the t _ We to saY' „: y O C. c oltqW" of : 1 C los• TI c t IM' • , ilie 4)1. lent tr tO 116 ,Er wreril of Ilse o f rfanf ((I T le rl4lkV 'of I -rip%) 1101 041.. , rhar ()I !:r hat 0 " : ' flier ot ar ove o 7tOlt SUN. S A LTC G It S. (fa" of Ir a ~~ tri 'ue' Ong rnagrii• tit 7ut T i i . r s , i" Ni"r (cid bo4iy. .1)0P_°1 E34 0..41)1 4c it b oot ctop cioli'4 a torici Int ` l , for e =t frorrf • li) L M i&s. )0 1 " ;7 1 ti 151°' It t tro t Ic e ilS' " LT g 3c , 8 1 0., )o'4 i 4 `'`' , • Of is, b9q. ,f to e §e of 'l'v to te ' to or by , reo Ist eijoi CJP it i) c 11 01 f " to ' ( I ; oh) Itio id s Jb , '° ° , : r l ,reeo , 10 I, yfon34 ,volsine .iAtarael 11;:t SHIP NEWS. .., , . PEAT., FEB. S,' talc t, • 'M r , ur i i - r ,' 7 ,... ''• e l ,• • - - • • , ' ''' ---- ' — `• , wo imitilerotis and cowardly ane eser the Conduct of the Smugglers of Deal „ to J tt at occuTreil. .1 terid the particulars, which arisen./-' taa Y rtlY upon i and i n my opirtipn they have nenttiiin conSeque.nce.of the. (fancied) enco . u , ra j ge ii; ese.assassins boast they have recetieu I he let ' • 4 f e pi•oceedings against the tivo l Getitlemen 2 ille Se"rn'frigate.--Sorely 'it is nitre his I‘l=l - in their service Jest Y's Groeerninent 'interfered in PrOtectitio o! e,..dischargiog their duty as a ' "r -as Revenue Wheels. If these =innstransoc are know o to the King's Ministers, and I presoms.e front their publicity they must be.. they are caned bpott, not oillv to rreveriz further elo-, letiee and probably murder being "commit t ed, but .also to rescue the very character of this country front disgrace. The Police here is totally unequal there_ being not :" rest rain the violence of so large a botly . of m en; • fewer than twelve ()molted in this. In" an d beighbolot ion d, principally boat Men and others c onnected with a seafaring lite ; many' "f these (far it is not meant to enumerate all), Ar t ... d...„ mote or less con cerne d i n sintigeling, as sea-, en ‘„„ , t h .. I 'rirtera, Ste. &e. exclusive of the marchants and elr assistants, who, although not immediately I , iiih i ,bt ,‘"( upon om , sions ot resisting the officers , , are N en beiess promp ters t rout b e hi n d th e scene. . e . li iii . tuitOrioti s d efect ' in the administration of Tit e ici iftiAlat althoneli their. are . 111 liq Peace ()f -ta 2 0, ) , i1 .$ ey tree pritleipdlv composed of boatmen . ()ff:'"' , Zealo u .., en ougll to apprehend Knit: 5 ItetT 6 Lthit ,1. conceive, not quite so ready to pro. artu l , l ,'Th:. ik.lielm overpowered by their assassins the "Atil i 7 il,; l ;l'Et - tul milepr-esent instances fully prove this I 'as 1 ' 1,, - d 1)4 1 beentsaid,t hat Parliamentary feeling to r it : -er to pr, yen' ed rite interference of Govern tli:',-,° check these otierages; but it is impossible fait)' 'lie Nobl e Earl at the head of the Admistra • it : . of the coutorv, alive as he invariably is to 1" '"terests. could tor a moment he influenced by • ) 1 1 1c . ; )1 '' ) "sideratio n s although other persons might. • ' s true, there are ' lso freeineti of Sandwich, 40 ~t , „, 1 . _ . I 1 true, he; ao of Dover, , old many more of other Ch " • ' 1,-I.,ttitie Ports, re.'..1,01 at Deal, the greater part of !'rti are boatmen, and many not orioully imPli ' r,'n'tl i o the contraliatid trade with France and eliant) ; yetrl trust there are a sufficibe • i '' Persons )lasing t h e elective franchise, ent an num d liv r - ' 'k there, to atisWer every fair Parliamentary '. l l/ "Pose, in aid of Government, without them.— . a . Proceed : - l il s ' Early i n t h e morning of Friday last, the 30th a ' ',:* a lugger Caine •on s h ore at Deal which was . 1- kcted by , N the Severn fri ate ~„'. , a viejlant Officer of ...:'olli particular rircumstances, to contaiu e t " , -r "'iod goods concealed in her. Iti conse li t , i '''':". strict orders were given to one of his f lint tin on ditty, to keep a watch, and take . ca i r t e 4 - 6 ," goo'rls were taken out before da y -li g ' ih„ " 1 5 o'clo e k this man was violently assaulte d J an .„ , 4iiiii hi l :•''' . ee "I - smogglers , his who stopped mouth, '4l ~ e4 bis- arms behind, took from him his _i i i r s e - Ilie " 61 46-s, .and dragged him into a lane, where gl€T. I,l : rk ''v hirn on his back ; one of the smug l'eat'h,":, his foot on his breast, while lie w as le shrug 'eat fi '`'e others in the most cruel manner; i 11,e(i.1 soon Ater by his Officer and party, ''. o. h 'gt arid wi thout his hat or arms. Lin. • o f i 1 1 , 05 r, between eight and nine o'clock in , i illilij e "a of Excise at Deal observed a man the il - '..reet, with a basket on his hack, which 111 e) 1 . 1 - , 1 ,, 11 ,,"5ett contained a tub of spaits, when Accord-filet. ""wrlllitely pursued time sinugeler, who was ' totl;l),4led by another mati behind him. They wire r) 'hint to the top of Black -purse-lane, t p -- i n " of the - officers-beard a tub fall, and tan ' t W a i t t'l 4 , -T ' when they found Mr. Soames, Landing vhi.l-I..°llme Customs, who had seize(' the nib, ....m os P '' i "rn ained spirits. Ile had received a dal). 1 n ' ( ''nul from one of the smugglers. One '1 1 ) 1 1(1-es ' t iv i i llains, who appeared to be a Deal boat s,'6'l,4 I ,l"beti him near the right kidney with A d SI " ; ..." P knife which providentially took • alit. th 4 .e ut s in g direeihm,' or lie must h a vi been killed on 1 1 1 /""' Hopes of his recovery are entertained, ill--1"11141-1 that is doubtful at present. 11.1 r. Soutt . le' .O ' l ,V an irrepenach„hte character, and an 3 ' vl ► '' er ; lie ilas a wet-main wife and seven young uldlen dependent on him for support." :°ll' L tt--) ". 6 . --Arrived the Vigil,lllt, SCHOLES, 'rite for Holl, Came down from the Ri s".)t4 the Anlity, AN DERSON , an d Blenheim, %VIE.- . 3 for St. Vincent's ; Anne, Cot.v it., for the P: of Good Hope ; Alfred the Great, DAVIS, A di ) , r dal "ica ; Faith, for Quebec ; Minerva Smith, ,;"L B N, for New Yolk ; Governor Halket, Jl.7s .Alsi, for Tob ago ; Ki ngston , BowEN, for Java ; Y, FRARD, for Sierra Leone; Stokeoy. -, A 'rE, for Trinidad ; Dochess ot York, for I s r i . 11.16 s Ayres ; Melrose, DP/ASTER, for Grenada ; CHRISTIR, for Cadiz ; and Elizabeth, o otsita, for Jamaica ; and remain with the rest the o,, tward.honnd, amongst are the 4-1,111ce•s Amelia, and London, for Int"' Y LVMouT H , FFD. 5,--Arrived his M a j es ty's ship Nlntin e Itom Irelaml. Sailed the Dominica, I.Atitt, for Jamaic,, and the Dutch ship l'or natutmco, for Surinam, and Johanna, RINKER, forliatavia. , M !LFORD HAVE N , FEB. s.—Sailed last evening ti't Sandwich packet, Captain Porraa, with the 1, 111 41 and passengers for Waterford ; also the 113ry MoNTREITH, from Liverpool for Calcutta ; 'Thetis, CHRYSTAL, and Transit, HonGsoN, oth from Cardiff for Smyrna ; Bellona, Limits, for Barcelona ; the Brit otuart sloop of It ar, and * Diligence Revenue cruiser, upon a c r uile. The Resoluti on , D o l p i t i o, and Antelope utters, having passed their monthly inspeclion, (r ave also sailed to resume their respective sta tions, FALMOUTH, Feß . s. —Sailed some Revenue eruisers. The sloop Confidence. TnomsoN from has Waterford for Jersey, whi c h sa il e d f ront hence t evening, eras abandoned by the Master and l'crew, Gerran's Bay, five miles East o f thi s , i n he gale hist night : they bad brought her up with wo anchors befo re t h ey left her. She was taken possession of at day-light by the Preventive Boat itatioued here, but owin g to flay, the light winds to. has not yet arrived here. PA R I, TA MEN T. HOUSE OF 'LORDS, FOIDAY, F. The fionse proceeded. in Appea . k.—Tbe Grand Jury Presentment Suspension Bill was read s second time, and committed for Monday. Adjourned till Monday. HOUSE OF cOMAIOTS. The Right Honourable FftfiDEIZICK President o f the Board of TrAde, rind Treasurer of the. Navy, took his oaths and ',rat. Lmrd LASCRLIES brought in a Bil! for lighting the !t)evis of Leeds with gas', which was read a first titti. . , SI:SPENSION ACT. LOO F' -t.KF3ToNa presente d t‘!'n petitions, ou e . from Joh n in Manchester, and the other from:B46lnel Hate's, in Notiitighani, :complain ing of flesh treatment while in confinement model — the Sti - SPenston Atit, and prayilig that no Bin of Indemnit'v, to preclude t from their due Itigal , • • temedly, might pass. Both petitions were ordered to be printed. WATCHMAKEftS. LOrd OiSULSTON presented a, petition from the Clock and L'Vatchmakers of the County of Ber wick, praying that the Tax if 41. Its. imposed on dealers in plaie might not fre exacted from them. After sonie conversation on the subject of this petition. Mr. BROUGHAM expressed his 'slit - prize that no notice had been taken by Ministers of the many .complaints to which the attetiipt to exact this T'ax had given rise. Two or. threep.e6tions had been presented last year on the same subject. There was no proportion between the value of the deal ings Of country Watchmakers and this heavy Tax. Many of them might not sell a single watch in a twelvemonth. This was but another instance of Ministers whipping up old Taxes, when they were ashamed to conic before the House to demand new Taxes. Mr. LAUSHINGTON said, that Government were not to blame for enforcing a tax that existed by law before they entered into office. It was im possible in imposing such taxes as the present, to make a graduated scale to meet such cases as the Hon. Member represented to be grievances. Mr. linntic HAM Culltetided it was evident, from what passed ►wen the law imposing a duty on dealers in plate was enacted, that Mr. l'itt never bad it in contemplation to apply this tax to watch makers, for lie expressly stated, that it would be necessary that some small tax should also be im posed on them. Mr. LoNo contended that Government could only look to•the laws, and not to the intentions of thn,e who proposed theta. Mr. MONEY presented a Nrti•ion front Welling ton, in the County of Salop, against the practice of emiloying Climbing Boys. GAOL FEES IN IRELAND. Mr. PERI. gave notice, that on Wednesday next he should wove for leave to bring in a 13i!I to almlish the Fees taken on the discharge of pri soners in Irelaml.—(Chretiog). . _ Lord ARCtiIIIALD fli.UlVroN wished to know from a Noble Lord (Castlereagh) what prop ess had been. made by the Cou► n iiltsiorters appointed to inquire into the Fees, &c. taken in the Scotch Courts Lord CasThErteAGn answered, that one Report was already inepared by the Commissioners,. and another would shortly be presented by the►u. SECRET COMMITTEE. Lord CASTLEREAnif moved .die Order of the Day for tire Balloting for the Secret Comm4tee, to which the papers on the internal state of the country here to be referred. Mr. TIERNEY said, in Balloting for the Secret Committee they would have but %cry little troubte, us the lists were all prepared by Ministers them selves. lie hoped, however, that no Gentleman tvould be named who was not in the, habit of at tending the House, and on whose attendance in the Committee they. might therefore cal culate. The Order having been gone into, the Clerk proceeded in► the usual way to call over the names of Members alphabetically. The first Ministerial Members who came forward with their lists vvere cheered by the Opposition Members: The Op. position Membtrs did not. present any lists. The names of the Members having been twice called over, Scrutineers were appointed by the House to Report the result of the Ballot. Mr. CANNING presented a Petition from several persons in Liverpool, praying for leave to bring in a Bill for the erection of a Corporate Com pany for Lipl►ting the Town of Liverpool by means of Gas. The CHANCELLOR of the EXCHEQUER moved that the House at its rising that day, adjourn to Monday next. Mr. CU RWEN moved for -Ist, An Account of all Exchequer Bills issued between the sth January, 1817, and the 6th January, 1618, specifying the Acts of that under which they were issued. 2d, An Account of all Exchequer Bills paid off within the same period. Sd. Au Account of all Exchequer Bills which remain to be, issued, specifying the Acts of Parliament authorizing the is; sues, and the sums issuable under each. COMNIITTEE OF WAYS AND MEANS. BANK RESTRICTION ACT. • The CliANciu.Loa of the ExCHF:Qui:a wished merely to call the attention of the Hone to a motion he was about to make, which he did not apprehend would lead to any discussion. He had 0:liy to propose the usual annual grant moved frout yeAr to yeAr, • on account principally of the mast anding Excl.equer Bills. The _Right Hon. Gentleman proceeded to recapitulate the different 4mounts of the Bills, in an and stated the application of the slims already voted for their discharge. He then added, as far as could be collected, that he should now more a Reso lution for a sum not exceeding 30 millions, Prin cipally to py off . .Exchegoer 808, which, with 3 Millions un account of the Land and Malt Duties, would enable the House to go oti wit hoot any tar- (her supply till idler Lester. Mr. Ti E N KY Vl' to know if he understood the Right Honourable Gentlemaii,:that lie meant to move for thirty millions exclusive of the three millions The CHANCELLOR of the EXC./IV:IA.IER replied, that he proposed to take citikvote of ,thirty,ron lioos on. account ; .and when the General Sup p!ir,.9 for tht• year calve belore.the tion,se, a satis. tactory.,stareno , ot of theit)ippropriation would,cf coarse hronght forward. Mr TIERN,Ey...w4s, desirous that the House should, tookistand_whether the sum proposed would be suitc,lent to ca . rry - gn the public service betwec.it •now and . Easter, without any farther Application, ox-what phois the Itight flonoikahle Gentleman ,hati ,view for this phrpOse. Was one part al, this son to he applied to .the public service, and. another to the outstanding Exche quer bills 2 If he noders,tood the matter right, the outstanding Hills due before Easter 'would not aly•orh all this 2 (Tie chancellor Of the Ex-che-. !per. nodded assritt,l, *tided to_t he 3,000,000 k from the Land and M it Dotics, would be the . ston.at ? The CHANce2I,LoRot the EXCCI,EaUER presiontql to say, that, the spat now volttl-wopLl be sulT cieut to cover any outstanditig 'Bills due before Easter... . . TIERNF.Y.—Was : the amount of .the cloopier Bills such as would absorb thewhole of - the 30,000,0001. Setore,Easter ? Then all, the sum .voted for the poblic,'service was 3:,000„000/. -If this was nut sufficient, the rest would remain . to be made good, or added, to the deficitOcY. 'fhe arnoutit'of the Ways -and Means never should ex ceed that of the, supplies .voted. But still he was not satisfied. iyhether l,te tinderstood Right Hon. Gentleman that the amount of the Exalt:- quer Bills to . be paid would absorb the whole o f l the . 30,000,0001. leaving only the 3,000,0001. for the public service ? The twANcELLO4 of the EXCHEUUER thought there - corild be no question whatever that the 30,000,0001. would he principally wiled to the discharge of those Bills, hut whether the whole sour now propOSed would lie. Ilia's absorbed was a question to which it was not posSible to give an answer ; for the Right [ion. Gentleman must know that Exchequer Bills of a later date were not paid off before those of an earlier date. No Exchequer Bills were due and payable, as he must know, till font mouths after they were issued ; and therefore it would be for Parliament to con sider of the means of providing for what might be due at any future time of the year. Mr. TIP.BNEY.—The assertion made by the Right lion. lientleman, that this sum would en able him to•carry nu the public service till after Easter, was certainly satisfactory. But he had some little difficulty in anderstanding how it was that so small a sum could answer the purpose. He, however, wished for some information respecting the 6,000,000 of Loan that was to be paid off. Was there any understanding • with the Bank, whether it was to be paid to the Bank by bills or money ? they took bills, the Bank would he precisely in the same sitoation as they were now ; for they would have locked up in their cof fers 6,000,0001. for another year, with this ex ception, that the public were gaining only the difference between the interest of 4 per cent. and that borne by the bills. The subject also respect invite resumption of cash payments had now become of the highest importance; and from this day forward it should be his ofiket from time to time to see what steps'were taking by the Bank to resume those payments at the period fixed by law. He would, however, assume, that for any thing the Bank knew, awl God knew, he hoped he :night Venture to say, for any - thing they wished to the conitary, they might be able to snake those payments at the time in question. But yet, if he mete .t i g htly informed, they had taken only one s tep for that purpose, namely, that of preparing gold. But it this preparation had been brought about by an increased issue of notes, he should then deny that the public would derive any be, nefit. lie srrev several Gentlemen smiling, it ho had not given attention to this important subject, and therefore they might well be supposed igno rant of it. They seemed to say, " What world k you hare better than payment in gold I." He • would say, he would bare a reduction of their is sues irrpoper. Now respecting this payment of 6,000,0001., which it appeared the Batik had de manded towards enahling them to make their re sumption, if the Bank were to take paymeut in bills, the only difference to the public wouldhe between tour and three per cent. He therefore wished to ask, whether any atrangement had taken place for the payment in money or in Bank notes ? if it were to be in mooey, well; but :if in notes, it should be made a point of honour with the Batik not to re-issue those notes so paid back to them. But if they take Exchequer Bills, they have no controul over the issue of Bank notes, because their rule is - never to sell Exchequer Bills ;. indeed, by the rule of the Mork, such bills cannot ba.sold;. tor their charter prevents them from selling any thing they cannot, buy. lf, therefore,. the Bank were to receive those Exchequer Bills in payment, lie would say, that except he found a considerable redaction in Batik issues ; he should move from week to week, to see to what• minium their issues were Such a measure would alone afford a %vitole some proof of retuning specie, without which all the labours of Finance Counittecl.windd go for nothing, as' long as the monstrous opinion pre vailed, that the paper of Government cannot be converted into cash. He well knew there was a most powerful body who lived only on, time tioetua tams of the day,whocared not what might happen in another year, and to whom limiting was so pro doctive as leaving, every thing' in a state of un certainty. But he would put it to any. sedate and w e ll hammed man, whether lt:wasoot a duty incumbent on all persons who knett the benefit the country would derive fiotiva tel of cash payntents, to exert themselves ,from day to day while time measures for producing such a benefit were in the course of adoption. This was one of die most important sobject . ,o that could inte rest the mind of fll4ll, Its it went to stew whether , Great Britain should be the only country in Eo rope who should stand under the stigma of having its legitimate curt tncy withheld on account of the deep conneXinO that had existed bet ween a Go vernment and a Bank. Feeling as anxious, there fore, as he bad ma., tnly been; he was most de .sirons of ascertaining all that ctodd be known re specting. the transactions in question. The CHANCULLOR of the EXCIIEQUER felt all objection whatever to answer • the Hight• Hon. questions, , Which be had . no .reason to tlonbt wire put with , a rierf to infqrm awl be. tiefit the.pvblip. With respect to the 6,otVi 0001 Whether they were to be repaid in hills ot trei, he.hall.not the least 'hesitat oo in saying that they were. intended .to be repaid in utility.—(Heat, hear !)—He, also '.tholight it most clearly desir -able that no question .shonbl exist respecting the .Suspension ot, the Balik,,Payments till account of any. accommodation given to Government, ,nd the accounts.would be pit in 3uch.a situation as %N onhi wove this to .satijael ion of the Right lion. Gentleman and every body .else. But it it should he ltis (buy, he would be prtipared to show, t if tiny hirTheryestriction were absolutely advisable,, it w o uld litoit grounds,pertectly distinct from any advances .nade. by the Bank to Government. Jlee:i he, thought it highly desirable that the Batik shoidd,be able to afford accommodations to trade unfettered by ally such advances. Ott these :grounds he Should sulmt,tthe plan to the House for the payment of •6,.00,0,000/. alter the recess. Of this sum at least, 1,000,000/. would be. saved to the : public, by the arranenients that Shokild he then made, and which would lead to the.wind nig tip of,a long aeconat. But certainly he' would dect:ive . the House if. he were to intimate that nothing would be wanting towards the public ser vice ; lie should not, at present, however, offer .any thing that ,tnight li4d to anticiptce,a i s discus slot). Yet, whether the Bank would resume dicir sash . payments in the present year or the year to cope . , he . was anxions le.ave their to toe full management.ot, their own resources.. TifiliNk? added, that nothing cool! be more satisfaet f sly than Right Hon. Gentle man's .`answer respecting the G,Q60,000/. ; but he hoped he bilnidd p - iit be disappoilded as to the re• unction of their issnes.'zlk was swan is,ed,' how ever, at the levity-of the'Right when alluding t o s o serious a subject as the re- ' somption of the cash - Payments'. - Whether they wet e to take place " this year, • or the year to come," was a most serious matter indeed. The ground, however, on which the farther protrac tion was hinted at, was well known to every body to be this—that great loans may rake place in this comnry on behalf of foreign powers. Bat would any man say that these loans were not just as well understood in this country at the present moment as they worth, be cix months hence ? Ditl the Right Hon. Gentleman believe that prepara tions were not .making now, or that money was, nut conti n ually going out of this country for that purpose, .through many persons selling their pro inlay in order to transmit it abroad Did he not know that large remittances . had been math: abroad, either towards these loans, or for some purpose or other ? But the result would be, that these remittances would go on as usual. Theta what grounds were there for continuing the re striction ? The Right Hon. Gentleman seemed to thiek that the danger we should have to ineue on this account by the sth of July next, would be done away by she sth of June. It was known, that amongst wirers, there was to be a loan of 3,000,0001. to Prussia, and the question was, whether monied men could remit it littler now (se then ? Why he dwelt so much on this toric tee,. that the Chancellor of the Exchequer hail. suit. that the Bank were prepared to pay in Jist.y.,, and that them was mailing within probahility to pre . vent them.—(Hear, hear I Iron] the Chancellor or. the Exchequer.)—He was glad to hear the Right Hon. Gentleman cheer, because he litre )v roared the - subject to this tinestion':--tetiethet - Ait• no, in the Committee, that must, as a matter ot course, be appointed, he would be able to obtain satisfactory information front foreign merchants, that foreign loans were iisjations to, this country? lie, to his own part, thought not, and he would tell the Hotise why. He had looked back at the price if gold ar the time of the Austrian Loan in 179 G, and be had found that it had not advanced in may, degree worth speaking of on that acconet. Titer etore•he wo u ld say, let the Bank be liberal in the purchase of gold, and tii4gardly in the sop ply of paper, and there would - be nothing to ap erehend. In fact; if gold did not then remain at the Mint price, he would never - open his lips that House again, at which many Gentlemen, no doubt, would be very far front sorry.. Mr. F. Lswis thought it requires! no prophet to convince every body that the resumption of cask payments might be made with infinitely more ad vantage to the country this year than in the next. • But there was a subject connected with the issues of Bank paper that was of more consequence now than ever. He alluded to the mass of Country Bank Bills, CO which great importance had for merly been attached. Every body knew that the operations of the Bank of England regulated those of all other Banks, but the subject was sellout inquired into. It was a fact, that within the last two years and a half, no less than 25 millions of Country Bank Bills had been withdrawn froth cir culation, and the consequences of which could not be forgotten, ‘Vith respect to the price of gold,—last year it was not above sd. or Gd. per ounce above the Mint price—a mere trifle, so that the Baok, by large porchases, might easily have got rid of ,that millstone which had so long been hanging rotund the necks of themselves and the Public. He intreated Gentlemen to inquire into this most important subject, and they would find that Cotintiy Kink paper was issuing. now with ,he saute rapidity with which it was witherawn. ‘v.nild then say, that the rise in the price t f every thing cannot be pi evented, became wilt call tortli an abundance of this kind ot paper.— Seeing, therefore, the vast importance of•thia subject, he-woubl.intreat the Committee to as certain whether or not it were trnetiatt this enor mous mass of .130 k paper is rapidly re-issuing ; and there was no cause why it should not re-issue, 0r any means to prevent•ii, while it is known that the large snots or this kind in the Batiks form the source ot. all their wealth. Could any matt believe that. so large an amount could he again sent into circulation without a tit cting the price of 'every thing ? Why ihen were we to go again theerigh all the distresses and , destruction of the last Iwo years that we had passed ? Cmcd it be believed, that. when. Bank paper was not wanted for the purpose of Government, it would not be tiAnitd in a tenfold degree for the conveniences commerce and traffic more than it is now Such sixculations in !fatter rendered no ,pecies of propel if secure. - Otte k i nds n ere taxed on of the por's rates, and all species of funded pit). ~• h , n ~ n 4 - 5.~.~''.=.•